Finland - Foreign trade



In 1996, the metals, engineering, and electronics industries accounted for 58% of all exports; the forestry industry, 27%; the chemical industry, 10%; and others, 5%. Finland is a major producer of paper and paperboard, and accounts for a large percentage of the world export market (10.7%). Other important exports include telecommunications equipment (21.3%), iron(4.2%), and ships (2.3%).

In 2000 Finland's imports were distributed among the following categories:

Finland

Consumer goods 13.1%
Food 4.7%
Fuels 11.8%
Industrial supplies 26.1%
Machinery 31.2%
Transportation 10.6%
Other 2.4%

Principal trading partners in 2000 (in millions of US dollars) were as follows:

Finland

COUNTRY EXPORTS IMPORTS BALANCE
Germany 5,548 4,813 735
Sweden 4,133 3,491 642
United States 3,350 2,398 952
United Kingdom 4,052 2,186 1,866
France 2,283 1,306 977
Italy 1,937 1,083 854
Russia 1,936 3,165 -1,229
China (inc. Hong Kong) 1,778 1,015 763
Netherlands 1,725 1,296 429
Norway 1,161 1,297 136

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